Housing & Real Estate — Colchester, Illinois
Overview
| Total Housing Units | 575 |
|---|
| Occupied | 500 |
|---|
| Vacant | 75 |
|---|
| Owner-Occupied | 368 |
|---|
| Renter-Occupied | 132 |
|---|
| Median Home Value (Census) | $91,700 |
|---|
| Estimated 2026 | ~$105,000 |
|---|
| Median Rent | $808/mo |
|---|
| Median Property Tax | $1,522/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 15.2% |
|---|
| Severely Rent-Burdened | 58.2% |
|---|
Housing Age
| Built 2010 or later | 5 |
|---|
| Built 2000-2009 | 27 |
|---|
| Built 1990-1999 | 6 |
|---|
| Built before 1960 | 306 |
|---|
| Median Year Built | 1960 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
